NorthWest Biotherapeutics Inc (NWBO)

[Umibe5690]

Your points are largely irrelevant and an apples to oranges comparison.

LP was raising funds to keep the organisation going. Toxic financing was what she employed. In this case, "investors" had a good deal with very little risk: advance cash and in exchange get shares at a deep discount with warrants attached. There was no lock up. So these investors turned around, dumped the shares very likely at a profit plus obtained free warrants just in case NWBO was successful. This was a reasonably safe bet and money maker.

BP, as I said, would not pay big money for a pig in a polk. Especially when LP was not willing to sell at a significant discount pre-unblinding. In fact, if she were willing to do so, BP would be very suspicious and reckon that the discount was a carrot to allow LP to unload. So, BP would be unwilling to buy at a significant discount and certainly was not willing to pay an un-discounted high price, without results.

The bottom line is that no one, now, is going to BO NWBO pre-unblinding--discount or no. Too much risk. In the former case, risk vs. reward was much superior. JMHO.